CNBC Economy / Updates
- Bank of England chief warns new AI models threaten global financial stability August 31, 2026Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system.
- India’s economy expands 7.8% in fiscal first quarter, beating estimates August 31, 2026The economy was driven by a strong performance in the financial, real estate, information technology and professional services sectors.
- China's factory activity shrinks for second straight month, contracting less than expected August 31, 2026China's manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.